Instruction specifications - CreationOnline - Denmark

29.11.2018

Transactions settling in T2S

In the following tables, M=Mandatory; O=Optional; C=Conditional; A=Additional.

Receive Against Payment
MTrade Date
CaDeal Price
MPlace of SettlementBIC
PartyVPDKDKKKXXX - Denmark
MDelivering AgentBIC
Partycounterparty’s BIC
OAccount bcounterparty’s account in T2S
ASellerBIC
Partyordering party’s BIC
orSellerName and Address
Partyordering party’s name
orSeller bData source scheme
Partyordering party’s proprietary code
OAccountordering party's account
AOther Parties

Type: Buyer a
Format: BIC, Name and Address or Data
source scheme

Deliver Against Payment
MTrade Date
MPlace of SettlementBIC
PartyVPDKDKKKXXX - Denmark
MReceiving AgentBIC
Partycounterparty’s BIC
OAccount bcounterparty’s account in T2S
ABuyerBIC
Partybeneficiary's BIC
orBuyerName and Address
Partybeneficiary's name
orBuyer bData source scheme
Partybeneficiary’s proprietary code
OAccountbeneficiary's account
AOther PartiesType: Seller a
Format: BIC, Name and Address or Data source scheme

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a. This optional matching field will be forwarded as received. T2S will only match if provided with a BIC or proprietary code. If not present, Clearstream will default the customer’s matching BIC for the instructing account (refer to Announcement A16033).
b. Optional matching fields.

Transactions settling in the VP system

In the following tables, M=Mandatory; O=Optional; C=Conditional.

Receive Free
MTrade Date
ODeal Price
MPlace of SettlementBIC
PartyVPDKDKKKXXX - Denmark
MDelivering AgentVPDK - DK
Partycounterparty's VP code (format nnnnn) a
orDelivering AgentBIC
Partycounterparty's BIC b
orDelivering AgentName and Address (if BIC does not exist or VP code not available)
Partycounterparty's name
C cAccountAccount of counterparty at CSD Participant specified in Delivering Agent
OSellerBIC
Partyordering party’s BIC
orSellerName and Address (if BIC does not exist)
Partyordering party’s name
C cAccountordering party’s account


Receive Against Payment
MTrade Date
ODeal Price
MPlace of SettlementBIC
PartyVPDKDKKKXXX - Denmark
MDelivering AgentVPDK - DK
Partycounterparty's VP code (format nnnnn) a
orDelivering AgentBIC
Partycounterparty's BIC b
orDelivering AgentName and Address (if BIC does not exist or VP code not available)
Partycounterparty's name
C cAccountAccount of counterparty at CSD Participant specified in Delivering Agent
OSellerBIC
Partyordering party’s BIC
orSellerName and Address (if BIC does not exist)
Partyordering party’s name
C cAccountordering party’s account


Deliver Free
MTrade Date
ODeal Price
MPlace of SettlementBIC
PartyVPDKDKKKXXX - Denmark
MReceiving AgentVPDK - DK
Partycounterparty's VP code (format nnnnn) a
orReceiving AgentBIC
Partycounterparty's BIC b
orReceiving AgentName and Address (if BIC does not exist or VP code not available)
Partycounterparty's name
C cAccountAccount of counterparty at CSD Participant specified in Receiving Agent
OBuyerBIC
Partybeneficiary's BIC
orBuyerName and Address (if BIC does not exist)
Partybeneficiary’s name
C cAccountbeneficiary’s account


Deliver Against Payment
MTrade Date
ODeal Price
MPlace of SettlementBIC
PartyVPDKDKKKXXX - Denmark
MReceiving AgentVPDK - DK
Partycounterparty's VP code (format nnnnn) a
orReceiving AgentBIC
Partycounterparty's BIC b
orReceiving AgentName and Address (if BIC does not exist or VP code not available)
Partycounterparty's name
C cAccountAccount of counterparty at CSD Participant specified in Receiving Agent
OBuyerBIC
Partybeneficiary's BIC
orBuyerName and Address (if BIC does not exist)
Partybeneficiary’s name
C cAccountbeneficiary’s account

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a. VP codes (Participant IDs) are published on http://www.uk.vp.dk/.
b. The counterparty’s agent has the option to set the matching criterion as BIC code or VP code; please check with your counterparty to avoid any delays due to incorrect information in your instruction.
c. If the name option is used for ordering party (on receipts) or beneficiary (on deliveries), the respective account must be provided. If the BIC option is used for ordering party or beneficiary, the respective account must not be provided unless the counterparty is Danske Bank, in which case account is mandatory.